@kompshi There will be poverty as long as workers are not given the control over, and full worth of, their production. As long as some Corporate owners, Board Members, CEOs and capitalist bosses autocratically manage the distribution of production and profits, workers in all countries will be extorted of what their labor actually produces once sold for capital. Long live the Socialist Revolution!
The only way i see poverty elimination is thru women empowerment................ when women get jobs....... 50% jobs then they have a choice to have lesser children and then the system changes into a more efficient progressive economy.
India has a trade deficit of around $40 Billion and a huge budget deficit with high inflation rate and a lower value for the rupee. i dont really know how they can get out of poverty in the near future..... although the good thing is that India is rapidly turning into a free market economy and has a GDP growth rate of around 8% for the last 8 years, and has a labor force of around 500 million
Never... Indian poverty is very deep, and far beyond anything that 1st world countries consider "poor"... Because India's population is increasing even more and is expected to surpass China in a decade or two, it's safe to expect that India's poverty will increase... not decrease...
@kompshi There will be poverty as long as workers are not given the control over, and full worth of, their production. As long as some Corporate owners, Board Members, CEOs and capitalist bosses autocratically manage the distribution of production and profits, workers in all countries will be extorted of what their labor actually produces once sold for capital. Long live the Socialist Revolution!
noprofitmaximierung 3 months ago
The only way i see poverty elimination is thru women empowerment................ when women get jobs....... 50% jobs then they have a choice to have lesser children and then the system changes into a more efficient progressive economy.
kompshi 3 months ago
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India has a trade deficit of around $40 Billion and a huge budget deficit with high inflation rate and a lower value for the rupee. i dont really know how they can get out of poverty in the near future..... although the good thing is that India is rapidly turning into a free market economy and has a GDP growth rate of around 8% for the last 8 years, and has a labor force of around 500 million
kompshi 3 months ago
when will be there an end to Poverty in india?
kompshi 4 months ago
@kompshi never...
viplavshukla 3 months ago
@kompshi
Never... Indian poverty is very deep, and far beyond anything that 1st world countries consider "poor"... Because India's population is increasing even more and is expected to surpass China in a decade or two, it's safe to expect that India's poverty will increase... not decrease...
SamuelJoaodaSuica 5 days ago